Real Estate News Blog July Archive

Let the Buyer Beware

By Art C. Ryder at 07/04/07 01:28

Presents a nice little list for people looking to avoid foreclosure or seeking foreclosure refinance money. The prospect of forclosure can be scary, but don’t make things worse by dealing with the devil.

1. DON'T fall for outrageous promises like saving your credit or getting a new lower payment mortgage.

2. DON'T sign away ownership of your home (without an attorney's advice).

3. DO know what your rights are.

4. DON'T do anything verbally-get it in writing.

5. DON'T sign anything with blank spaces (that can be filled in later).

6. DO be skeptical about everything-check and recheck to make sure you are protected.

Original source: . Let the Buyer Beware